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REGISTERED NUMBER: 10091101 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Silkmoth Group Limited

Silkmoth Group Limited (Registered number: 10091101)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Silkmoth Group Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: C Dean





REGISTERED OFFICE: Charter House
1-3 Charter Way
Macclesfield
Cheshire
SK10 2NG





REGISTERED NUMBER: 10091101 (England and Wales)





ACCOUNTANTS: Clayton and Clayton Accountants LLP
Chartered Certified Accountants
64 Market Street
New Mills
HIGH PEAK
SK22 4AA

Silkmoth Group Limited (Registered number: 10091101)

Balance Sheet
30 September 2023

30.9.23 30.9.22
as restated
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,287,100 1,287,000

CURRENT ASSETS
Debtors 5 624 624
Cash at bank 12,934 14,317
13,558 14,941
CREDITORS
Amounts falling due within one year 6 241 241
NET CURRENT ASSETS 13,317 14,700
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,300,417

1,301,700

CREDITORS
Amounts falling due after more than
one year

7

278,326

278,326
NET ASSETS 1,022,091 1,023,374

CAPITAL AND RESERVES
Called up share capital 624 624
Share premium 349,626 349,626
Revaluation reserve 8 289,000 289,000
Capital redemption reserve 156 156
Retained earnings 382,685 383,968
1,022,091 1,023,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Silkmoth Group Limited (Registered number: 10091101)

Balance Sheet - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2024 and were signed by:





C Dean - Director


Silkmoth Group Limited (Registered number: 10091101)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Silkmoth Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Silkmoth Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
The company owns the entire share capital of Silkmoth Limited Co No. 04204791

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Silkmoth Group Limited (Registered number: 10091101)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 October 2022 1,287,000
Additions 100
At 30 September 2023 1,287,100
NET BOOK VALUE
At 30 September 2023 1,287,100
At 30 September 2022 1,287,000

The directors have undertaken a review of the underlying value of the company and have revalued based on that review.

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Silkmoth Limited Co. No. 04204791
Registered office: Charter House, 1-3 Charter Way, Macclesfield, Cheshire SK10 2NG
Nature of business: Provision of on-line retail services
%
Class of shares: holding
Ordinary 100.00
30.9.23 30.9.22
£    £   
Aggregate capital and reserves 1,456,100 1,316,753
Profit for the year 242,370 195,483

Sell More Tyres Dotcom Ltd Co. No. 09640479
Registered office: Charter House, 1-3 Charter Way, Macclesfield, Cheshire SK10 2NG
Nature of business: Dormant Co
%
Class of shares: holding
Ordinary 100.00
30.9.23 30.9.22
£    £   
Aggregate capital and reserves 100 100

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
as restated
£    £   
Other debtors 624 624

Silkmoth Group Limited (Registered number: 10091101)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
as restated
£    £   
Trade creditors 1 1
Other creditors 240 240
241 241

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.23 30.9.22
as restated
£    £   
Amounts owed to group undertakings 278,326 278,326

8. RESERVES
Revaluation
reserve
£   
At 1 October 2022
and 30 September 2023 289,000

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr C Dean and Dr W Dean.